Today: 12 June 2026
Bitcoin price jumps above $94,000 as Coinbase stock rallies; payrolls report is next test

Bitcoin price jumps above $94,000 as Coinbase stock rallies; payrolls report is next test

New York, January 5, 2026, 17:15 EST — After-hours

Bitcoin jumped about 3.3% to $94,191 on Monday, trading near the top of its intraday range in late U.S. hours.

Traders pinned part of the move on a burst of risk-taking after the United States said it struck Venezuela and captured President Nicolás Maduro over the weekend. Some investors said markets often swing back to risk-on once a conflict begins, even as headline risk stays elevated.

U.S. stocks ended higher, with the Dow closing at a record, and crypto-linked shares advanced as bitcoin hit a more than three-week high, Reuters reported. Markets are pricing about 60 basis points — 0.60 percentage point — of Federal Reserve easing in 2026.

Economic signals stayed mixed. Data showed U.S. factory activity contracted further in December, while Minneapolis Fed President Neel Kashkari said monetary policy was near neutral and would depend on incoming data.

Other major tokens moved with bitcoin. Ether rose about 3.2% to $3,237 and XRP climbed about 11.5% to $2.33.

In after-hours trading, Coinbase was up about 7.8% at $254.92 and Strategy rose about 4.8% to $164.72. Bitcoin miners Marathon and Riot were up about 7.0% and 4.4%, while the iShares Bitcoin Trust ETF — a spot fund that tracks the token’s price — gained about 4.9%.

“Ousting Maduro is not a direct bullish catalyst” for bitcoin, Dean Chen, an analyst at crypto derivatives exchange Bitunix, told Investopedia. He said the episode still underlined crypto’s utility when sanctions and capital controls restrict moving money across borders. Investopedia

Coinbase also drew support after Goldman Sachs upgraded the stock to Buy and lifted its price target to $303, citing faster-growing infrastructure-style businesses such as custody and other services, Investing.com reported.

But bitcoin remains prone to sharp reversals if bond yields rise or the Fed’s path shifts, and the Venezuela crisis adds another layer of geopolitical uncertainty. Crypto-linked stocks often magnify the token’s swings, cutting both ways.

Next up is Friday’s U.S. nonfarm payrolls report — the monthly count of jobs added outside agriculture — due Jan. 9 at 8:30 a.m. ET. Traders will also look ahead to the Fed’s Jan. 27-28 meeting for updated guidance.

Stock Market Today

  • Asian Shares Rally, Oil Prices Dip as Trump Claims Iran War Talks Progress
    June 12, 2026, 2:32 AM EDT. Asian shares surged sharply, with South Korea's Kospi jumping 7.8% and Tokyo's Nikkei rising 3.5%, following U.S. President Donald Trump's claim of a breakthrough in Iran war talks. Key tech stocks led gains, including Samsung Electronics (+11.2%) and Tokyo Electron (+10.3%). Oil prices eased amid optimism after Trump called off military strikes, with Brent crude down 1.7% to $88.87 per barrel. The development eased earlier market jitters from heightened U.S.-Iran tensions that had pushed oil prices and inflation concerns higher. Market experts expressed caution, citing fragile ceasefire prospects. Wall Street also rallied notably, with the S&P 500 up 1.8%. The geopolitical shift boosted investor sentiment but details on the deal remain sparse.

Latest articles

AI Names Drop, Oil Upends Inflation Bets, US Stocks Slip

Dow up 930 points after hours as tech lifts Nasdaq

12 June 2026
Dow soars 929.97 points for its strongest session in months as easing geopolitical risk and a rebound in tech drive ETFs higher after hours; chip stocks surge with the PHLX Semiconductor Index up 7.9%, while Adobe drops 5.44% after CFO exit despite raised forecasts.
Keel Infrastructure (KEEL) shares surge after $458 million AI data center deal closes

Keel Infrastructure (KEEL) shares surge after $458 million AI data center deal closes

12 June 2026
Keel Infrastructure Corp. surged 5.14% to $5.52 after closing $458 million in 1.250% convertible senior notes due 2032, with proceeds aimed at accelerating AI and high-performance computing data center projects; the notes’ initial conversion price is $7.41, about 25% above the June 4 close, while analysts’ 12-month price targets range from $3.00 to $8.00, averaging $5.52.
NuScale Power stock jumps 16% as House sets ‘New Nuclear Era’ hearing — what’s next for SMR
Previous Story

NuScale Power stock jumps 16% as House sets ‘New Nuclear Era’ hearing — what’s next for SMR

3.5 million hit by University of Phoenix data breach as school rolls out “credit for prior learning” push
Next Story

3.5 million hit by University of Phoenix data breach as school rolls out “credit for prior learning” push

Go toTop